We have more than 25 years of experience in the insurance industry.
Insurance Premium Funding is a simple, fixed rate loan that enables you to spread the cost of your insurance into equal monthly payments and avoid large lump-sum outlays. The core benefit being that it can help you regulate your business' cash flow, providing ongoing access for day-to-day financing requirements.
Insurance premium funding can be organised at the same time as your insurance policy, and can be used by organisations of all sizes - from small businesses to large corporations.
The benefits of premium funding through Major Insurance Services:
- Easy to arrange and flexible funding.
- Interest rates are fixed which helps protect you from interest rate fluctuations. Costs may also be tax deductible for some businesses.
- Helps you manage your cash flow. You take out the right level of insurance for your business, and spread the repayments over the year.
- No additional security. The insurance premium itself acts as security.